Questions we hear most often
What happens when you stake?
Your balance is committed to a network that confirms its own transactions. The network picks validators from committed balances, and a share of the newly issued supply comes back to you as a reward.
Which Proof of Stake assets pay out rewards?
Eleven networks currently pay rewards through us. Each one is flagged on the asset table above with its running annual rate, and we add new networks once they clear our security review.
Who is allowed to stake with us?
Verified account holders in most of the regions we serve. A handful of jurisdictions restrict rewards programmes, so the option only appears once your address on file has been checked.
How does Palewind staking work?
Palewind pools your balance with other holders so it can meet the network's validator minimum. Rewards land in your account roughly every four days, and the balance stays visible the whole time.
What are the risks of staking a balance?
Reward rates move with network activity, prices move on their own, and some networks hold committed balances for a fixed unlock window. A validator that misbehaves can also lose part of what it holds.
How do I move holdings in so they can earn?
Open the transfer panel, pick the network you are sending from, and paste the deposit address we generate. Most arrive within twenty minutes and begin earning at the next reward cycle.
Is there a charge for using these features?
We keep a slice of the reward as a commission — it varies by network and is shown before you confirm. There is no separate subscription and no charge for holding a balance.
Will my staking payouts be taxed?
In most places rewards count as income at the moment you receive them. We publish a yearly statement of everything credited to your account, but a local adviser should confirm how it applies to you.